where to show fixed assets in itr4 in no accout case.
thanks.
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Itr4 no account case
Replies (6)
when there is no account, then how to account for assets?
use ITR4S for no account case.
In a case where regular books of accounts of business or profession are not maintained, there is no need to refer the information realted to fixed Assets..
Only furnish the following
1 Amount of Total Sundry Debtors
2 Amount of Total Sundry Creditors
3 Amount of Total Stock in trade
4 Amount of Total Cash balance
Regards,
Mansi Batra
i agree with mansi.
u hv to mention only 4 above .
in point no. 52 of itr 4
Mansi is right. You have to just write the estimated amount of Debtors,Creditors, Cash in Business and Estimated Stock value. Write them in ITR-4 and thts all.
| Originally posted by : Mansi | ||
 |
In a case where regular books of accounts of business or profession are not maintained, there is no need to refer the information realted to fixed Assets.. Only furnish the following 1 Amount of Total Sundry Debtors 2 Amount of Total Sundry Creditors 3 Amount of Total Stock in trade 4 Amount of Total Cash balance Regards, |
 |
No need to mention Fixed Assets because case is no Books
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